Granite Point Mortgage Trust

Granite Point Mortgage reported adjusted EPS for Q1 2026 of -$0.06 versus an expected -$0.34 and revenue of $11.44 million versus a forecast $7.17 million. The stock rose 4.23% in regular trading and 10.77% in premarket trading. Available cash increased to $56 million and the leverage ratio fell from 2.0x to 1.7x. Management plans to resume new business in H2 2026 and expects EPS improvement, but continues to see risks from distressed loans and macroeconomic uncertainty. » More on de.investing.com

Granite Point reported a GAAP net loss for Q4/2025 of $27.4 million ($0.58 per share) and a distributable loss of $2.7 million ($0.06 per share). The company beat EPS forecasts but missed revenue expectations ($7.47 million). CECL reserves rose to $148.4 million (8.4% of loan commitments), including large specific reserves for four loans in the highest risk grade. The company maintained the quarterly dividend at $0.05, sharply reduced office exposure, lowered financing costs and leverage, and plans to resume lending at the end of 2026; the stock fell about 7.5% premarket, trading near its 52‑week low. » More on de.investing.com

Granite Point Mortgage Trust reported Q4 2025 EPS of -$0.06, well above expectations, while revenue of $7.47 million missed forecasts by about 28%. The company posted a GAAP net loss of $27.4 million and book value per share fell to $7.29. CECL reserves rose substantially to $148 million, signaling higher expected credit losses, and the stock fell 7.49% in premarket trading. Granite Point plans to shrink its portfolio through mid‑2026 and aims to resume new business later in 2026. » More on de.investing.com